Oxford Instruments plc (OXIG) Receives Average Recommendation of “Hold” from Brokerages
Oxford Instruments plc (LON:OXIG) has been given an average rating of “Hold” by the ten brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 1,060 ($14.27).
OXIG has been the subject of a number of analyst reports. Barclays reaffirmed an “overweight” rating and set a GBX 1,145 ($15.41) price objective on shares of Oxford Instruments in a research report on Thursday, August 17th. Berenberg Bank reaffirmed a “hold” rating on shares of Oxford Instruments in a research report on Wednesday, September 6th. Shore Capital reaffirmed a “hold” rating on shares of Oxford Instruments in a research report on Tuesday, September 12th. Peel Hunt reaffirmed a “hold” rating and set a GBX 1,020 ($13.73) price objective on shares of Oxford Instruments in a research report on Tuesday, September 12th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,180 ($15.88) price objective on shares of Oxford Instruments in a research report on Wednesday, September 13th.
Oxford Instruments (LON OXIG) opened at GBX 831.50 ($11.19) on Thursday. Oxford Instruments has a 52-week low of GBX 611 ($8.22) and a 52-week high of GBX 1,174 ($15.80).
About Oxford Instruments
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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